As a firm we have always acted for clients in the travel sector. Over the past decade we have seen more of those clients become ATOL holders as they seek to develop niche products and tours which can help them generate a better margin in an industry which has become more and more challenging.
The CCA announced in March 2015 that it wanted to review and strengthen its ATOL reporting requirements following a number of high-profile failures across the travel sector. ATOL reporting is a complex, specialist area, and the introduction of the new ATOL Reporting Accountants Scheme recognises that firms need to have a good working knowledge of the sector and the ATOL regulatory environment.
Becoming a Licenced Practice was vital so that we can continue to work with our travel clients on their ATOL reporting, alongside the other audit, accounts and advisory services which we provide. If your existing accountants are no longer ATOL Reporting Accountants, or you would like to discuss the services we can offer then please get in touch with us.
Contact us for more information, we are happy to arrange a face to face meeting to discuss further.